Celulosa Argentina net profit at $6.4 million Q3
Apr 12, 2005. Argentine cellulose maker Celulosa Argentina posted a net profit of 18.4 million Argentine pesos ($6.4 million/4.9 million euro) for the third quarter of fiscal year 2004/05, ending February 2005.
Apr 12, 2005. /Lesprom Network/. Argentine cellulose maker Celulosa Argentina posted a net profit of 18.4 million Argentine pesos ($6.4 million/4.9 million euro) for the third quarter of fiscal year 2004/05, ending February 2005.
The company's earnings before interest, tax, depreciation and amortisation (EBITDA) stood at 36.2 million pesos ($12.5 million/9.6 million euro) for the quarter.
A total 75% of Celulosa Argentina's sales are on the local market.
Celulosa Argentina is upgrading its Capitan Bermudez mill in the country's northern province Santa Fe as part of its four-year multimillion modernisation and output expansion plan.